Woolworths CEO Brad Banducci appears at South Australian grocery price inquiry
According to CEO Brad Banducci, Woolworths, a leading supermarket giant, is prepared to accept lower profits if it means delivering significant value to its customers. During a session with the South Australian legislative council investigating grocery prices, Banducci defended Woolworths’ $1.62 billion profit in 2023. He emphasised that the company would prioritise customer benefits over […]
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